Madison Pacific Properties Inc., together with its subsidiaries, owns, develops, and manages office, industrial, commercial, retail, and multi-family rental real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario. Its property portfolio comprises interests in 1,655,820 square feet of net rentable area of industrial properties; 126,990 square feet of net rentable area of retail/highway commercial properties; and 116,689 square feet of net rentable area of office properties. The company also provides property management services, including tenant services and relationships, building operations, leasing, lease administration, property accounting and reporting, and project management. In addition, it holds interest in undeveloped residential lands in Mission, British Columbia. The company was formerly known as Princeton Mining Corporation and changed its name to Madison Pacific Properties Inc. in April 1998. Madison Pacific Properties Inc. was incorporated in 1963 and is headquartered in Vancouver, Canada.
Madison Pacific Properties Dividend Announcement
• Madison Pacific Properties announced a semi annually dividend of C$0.05 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-14
• Madison Pacific Properties annual dividend for 2024 was C$0.10
• Madison Pacific Properties annual dividend for 2023 was C$0.11
• Madison Pacific Properties's trailing twelve-month (TTM) dividend yield is 1.98%
• Madison Pacific Properties's payout ratio for the trailing twelve months (TTM) is -14.15%
• Madison Pacific Properties's dividend growth over the last five years (2018-2023) was 0.10% year
• Madison Pacific Properties's dividend growth over the last ten years (2013-2023) was 0.05% year
Madison Pacific Properties Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | C$0.05 | semi annually | 2024-09-04 |
2024-02-05 | C$0.05 | semi annually | 2024-02-21 |
2023-08-15 | C$0.05 | semi annually | 2023-09-06 |
2023-02-06 | C$0.05 | semi annually | 2023-02-21 |
2022-08-12 | C$0.05 | semi annually | 2022-09-06 |
2022-02-04 | C$0.05 | semi annually | 2022-02-21 |
2021-08-13 | C$0.05 | semi annually | 2021-09-07 |
2021-04-22 | C$0.34 | semi annually | 2021-05-04 |
2021-02-08 | C$0.05 | semi annually | 2021-02-23 |
2020-08-14 | C$0.05 | semi annually | 2020-09-08 |
2020-02-06 | C$0.05 | semi annually | 2020-02-21 |
2019-08-15 | C$0.05 | semi annually | 2019-09-06 |
2019-02-07 | C$0.05 | semi annually | 2019-02-22 |
2018-08-16 | C$0.05 | semi annually | 2018-09-06 |
2018-02-07 | C$0.05 | semi annually | 2018-02-22 |
2017-08-16 | C$0.05 | semi annually | 2017-09-07 |
2017-02-07 | C$0.05 | semi annually | 2017-02-24 |
2016-09-20 | C$0.34 | semi annually | 2016-09-30 |
2016-08-17 | C$0.05 | semi annually | 2016-09-07 |
2016-02-04 | C$0.05 | semi annually | 2016-02-24 |
2015-08-18 | C$0.05 | semi annually | 2015-09-03 |
2015-02-05 | C$0.05 | semi annually | 2015-02-25 |
2014-08-19 | C$0.05 | semi annually | 2014-09-04 |
2014-02-05 | C$0.05 | semi annually | 2014-02-25 |
2013-08-19 | C$0.05 | semi annually | 2013-09-04 |
2013-02-06 | C$0.05 | semi annually | 2013-02-26 |
Madison Pacific Properties Dividend per year
Madison Pacific Properties Dividend growth
Madison Pacific Properties Dividend Yield
Madison Pacific Properties current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Madison Pacific Properties stock? Use our calculator to estimate your expected dividend yield:
Madison Pacific Properties Financial Ratios
Madison Pacific Properties Dividend FAQ
Other factors to consider when evaluating Madison Pacific Properties as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Madison Pacific Properties's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Madison Pacific Properties publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Madison Pacific Properties distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Madison Pacific Properties are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Madison Pacific Properties sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Madison Pacific Properties distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Madison Pacific Properties declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Madison Pacific Properties's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Madison Pacific Properties's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.